NOT LISTED FOR SALE

901 W Madison St Unit 907 Chicago, IL 60607

West Loop Neighborhood

Estimated Value: $415,000 - $461,771

1 Bed
1.5 Baths
1,050 Sq Ft
0.8 Acres

Last Sold June 30, 2023

Last sale price $485,000 $462 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,071/month

56 Days on Market

Highlights

  • Doorman
  • Docks
  • Corner Lot
  • Skinner Elementary School Rated A
  • Fitness Center
  • 2-minute walk to Mary Bartelme Park

About This Home

As of June 2023

Extra-large corner 1 bedroom, 1.5 bath with a ton of windows and natural light! Taxes were appealed and new taxes reduced to $2620.27. This home is a true entertainer's layout- plenty of room for dining table and open concept kitchen with stainless steel appliances and ample counter space. Hardwood floors throughout. Spacious living room perfect for a sectional couch and entertainment center opens to a massive private balcony great for grilling and watching sunsets. Large master bedroom with walk-in custom closet space, and en suite full master bathroom. Premium app/remote control, window treatments throughout. 1/2 bath off foyer perfect for guests. In-unit washer dryer and extra climate-controlled storage. The building is situated in a perfect location for all the locality has to offer. Full amenity building including door person, exercise room, common patio, dog run, bike room and party room. Additional upgrades include bedroom window tints, thermostat, and turf. Heated Garage Parking Additional $35K

Last Agent to Sell the Property

Vanessa Carlson

Illinois Discount Realty License #471016540 Listed on: 01/25/2023

Last Buyer's Agent

Matt Laricy

Americorp, Ltd License #471003711

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,591

Year Built

  • Built in 2005 | Remodeled in 2017

Lot Details

  • 0.8

Parking

  • 1 Car Attached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,050 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Outdoor Features

  • Docks
  • Courtyard

Schools

  • Skinner Elementary School
  • Wells Community Academy Senior H High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include gas, parking, doorman, tv/cable, exercise facilities, internet
  • 148 Units
  • Stephen Ragalie Association, Phone Number (773) 989-8000
  • High-Rise Condominium
  • Property managed by Realty & Mortgage Co
  • 10-Story Property

Amenities

  • Doorman
  • Sundeck
  • Common Area
  • Party Room
  • Elevator
  • Service Elevator
  • Package Room

Recreation

  • Fitness Center
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,591

Year Built

Built in 2005 | Remodeled in 2017

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Courtyard,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Courtyard,High Rise (7+ Stories)
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 9
  • Rehab Year: 2017
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10
  • Year Renovated: 2017

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Accessibility Features: Main Level Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • LivingArea: 1050
  • Room Type: No additional rooms
  • Stories Total: 10
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Common Grounds, Corner Lot, Dock
  • Waterfront: No
  • Exterior Building Type: Brick,Block,Concrete

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Heated,7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 634
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Party Room, Sundeck, Receiving Room, Service Elevator(s)
  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Realty & Mortgage Co
  • Management Contact Name: Stephen Ragalie
  • Management Phone: 773-989-8000

Fee Information

  • Association Fee Includes: Gas, Parking, Doorman, TV/Cable, Exercise Facilities, Other, Internet

Schools

  • Elementary School: Skinner Elementary School
  • High School: Wells Community Academy Senior H
  • Middle/Junior School: Skinner Elementary School

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 8590.91
  • Tax Year: 2021

Multi Family

  • Units in Building: 148

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2023
Closed on
Jun 30, 2023
Sold by
Dillon Dan W
Bought by
Henley Parker Ryan
Seller's Agent
Vanessa Carlson
Illinois Discount Realty
Buyer's Agent
Matt Laricy
Americorp, Ltd
List Price
$454,900
Sold Price
$485,000
Premium/Discount to List
$30,100
6.62%
Views
21
Current Estimated Value
$446,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,307
Avg. Annual Appreciation
-3.07%
Original Mortgage
$363,750
Outstanding Balance
$353,069
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$93,624

Purchase Details

Listed on
Aug 2, 2016
Closed on
Oct 11, 2016
Sold by
Levitt Gary and Levitt Karen
Bought by
Dillon Dan W
Seller's Agent
Gale Goldstick
Coldwell Banker Realty
Buyer's Agent
David Dieschbourg
Berkshire Hathaway HomeServices Chicago
List Price
$397,000
Sold Price
$410,000
Premium/Discount to List
$13,000
3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.53%
Original Mortgage
$303,750
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 24, 2007
Sold by
901 Madison Development Llc
Bought by
Levitt Gary and Levitt Karen
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Henley Parker Ryan $485,000 Chicago Title
Dillon Dan W $410,000 Attorney
Levitt Gary $394,000 Git
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henley Parker Ryan $363,750
Previous Owner Dillon Dan W $303,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2023 06/30/23 Sold $485,000 +6.6% $462 / Sq Ft
03/23/2023 03/23/23 Pending -- -- --
01/25/2023 01/25/23 For Sale $454,900 +11.0% $433 / Sq Ft
10/11/2016 10/11/16 Sold $410,000 +3.3% $373 / Sq Ft View Prior Sale
08/05/2016 08/05/16 Pending -- -- --
08/02/2016 08/02/16 For Sale $397,000 -- $361 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,018 $45,005 $1,453 $43,552
2024 $9,018 $45,005 $1,453 $43,552
2023 $8,770 $45,914 $797 $45,117
2022 $8,770 $45,914 $797 $45,117
2021 $8,591 $45,912 $796 $45,116
2020 $7,563 $36,940 $796 $36,144
2019 $7,458 $40,428 $796 $39,632
2018 $7,331 $40,428 $796 $39,632
2017 $6,341 $29,354 $702 $28,652
2016 $5,879 $29,354 $702 $28,652
2015 $5,379 $29,354 $702 $28,652
2014 $4,890 $26,358 $597 $25,761
2013 $4,794 $26,358 $597 $25,761
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11707348

Midwest Real Estate Data (MRED)

APN: 17-17-207-029-1117

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